Escrow for marine fuel trades.
The buyer's payment is held safely until both sides confirm the delivery. No more choosing between paying first and delivering first.
For bunker traders and physical suppliers worldwide. Verified companies only.
What is SEA Escrow?
SEA Escrow is an online escrow service for marine fuel (bunker) trades. The buyer funds the trade into escrow, the supplier delivers and uploads the Bunker Delivery Note, and the money is released to the supplier once both companies confirm the delivery.
Why do bunker trades need escrow?
Paying first is a risk.
You pay before the fuel is on board and hope the delivery matches what you agreed.
So is delivering first.
You deliver on credit and wait weeks to be paid, or not at all.
SEA Escrow sits in the middle. The money is committed up front, and nobody can touch it until the delivery is confirmed.
How it works
From agreement to payment, in five steps.
Every step is visible to both companies. These are real screens from the beta, with demo money.
Verified counterparties
Every company passes a business check (KYB) before it can trade. You always know who is on the other side.
Clear terms
Fuel, quantity, price, place and deadlines, agreed once and summed up in plain words.
Funds secured
The buyer funds escrow. The money is committed, and neither side can touch it.
Delivery verified
The supplier uploads the delivery note. It is read and checked against the trade automatically.
Payment released
Both sides confirm the delivery, and the supplier is paid.
Who is it for?
Bunker traders
- Pay only for fuel that is confirmed delivered
- Trade with verified suppliers
- One clear record of every trade
Physical suppliers
- See the money committed before you deliver
- Get paid when delivery is confirmed
- Build a track record with every trade
Safety
The money moves only when three things are true.
Not when one side asks, and not when someone is in a hurry. Escrow is released only when both companies confirm the delivery and the delivery note matches the trade.
- Every company is verified by a person before it can trade.
- Documents are encrypted and scanned for malware.
- Every action is written to an audit trail.
- If anything does not match, the money stays put while our team reviews it.
0 of 3 conditions met. Try switching them yourself.
Status
Where are we today?
SEA Escrow is under development. Beta trades use simulated money.
- Done Platform built The full trade flow works end to end, from sign-up to payment release.
-
Now
Private beta
The first companies are running real trade flows with demo money.
Working on now Onboarding beta companies Feedback on every step of the trade Polishing the platform for launch
- Next Public launch Coming soon, for traders and suppliers worldwide.
Questions
How does escrow work for a bunker trade?
The buyer pays the agreed amount into escrow. The supplier delivers the fuel and uploads the Bunker Delivery Note. When both companies confirm the delivery, the money is released to the supplier.
Who can use SEA Escrow?
Bunker traders and physical suppliers. Every company passes a business verification (KYB) before it can trade.
When is the supplier paid?
As soon as both sides confirm that the delivery matches the trade.
What happens if the delivery does not match?
The money stays in escrow and the SEA Escrow team reviews the trade before anything is released.
Is SEA Escrow live?
Not yet. We are beta testing now and launching soon. Beta trades use simulated money, so no real funds move.
What does it cost?
Pricing is coming soon. Trades in the beta are free.